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The Solow model in the empirics of growth and trade
Gundlach, Erich (contributor) - 2006
Translated to a cross-country context, the Solow model (Solow, 1956) predicts that international differences in steady state output per person are due to international differences in technology for a constant capital output ratio. However, most of the cross-country growth literature that refers...
Persistent link: https://www.econbiz.de/10003370345
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Effort, Wages and the International Division of Labor
Leamer, Edward E. - 1996
causes an economy- wide reduction in effort; A minimum wage does not cause unemployment. It forces effort in local services …
Persistent link: https://www.econbiz.de/10012473030
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Effort, Wages and the International Division of Labor
Leamer, Edward E. - 2021
causes an economy- wide reduction in effort; A minimum wage does not cause unemployment. It forces effort in local services …
Persistent link: https://www.econbiz.de/10013228732
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Employment protection and capital-labor ratios
Janiak, Alexandre; Wasmer, Etienne - 2014
Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The available empirical evidence suggests a non-monotonic...
Persistent link: https://www.econbiz.de/10010387699
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Labour market institutions and the personal distribution of income in the OECD
Checchi, Daniele (contributor);  … - 2005
share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …
Persistent link: https://www.econbiz.de/10003297489
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Equilibrium unemployment and capital intensity under product and labor market imperfections
Kauppi, Heikki (contributor); Koskela, Erkki (contributor);  … - 2004
We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous … equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is … long-run equilibrium unemployment is an increasing function of product market imperfections when the elasticity exceeds …
Persistent link: https://www.econbiz.de/10002521703
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Labour market institutions and the personal distribution of income in the OECD
Checchi, Daniele (contributor);  … - 2005
OECD. We first model the wage determination process and show that unemployment, the labour share, and the wage differential … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … differentials, a higher labour share, and also higher unemployment. We then use a panel of OECD countries for the period 1970-96 to …
Persistent link: https://www.econbiz.de/10003035409
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Equilibrium unemployment and investment under product and labour market imperfections
Kauppi, Heikki (contributor); Koskela, Erkki (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001948646
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Labour Market Institutions and the Personal Distribution of Income in the OECD
Checchi, Daniele; Garcia-Peñalosa, C. - 2021
share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …
Persistent link: https://www.econbiz.de/10013318375
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Equilibrium Unemployment and Capital Intensity Under Product and Labor Market Imperfections
Koskela, Erkki; Kauppi, Heikki; Stenbacka, Rune - 2021
We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous … equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is … long-run equilibrium unemployment is an increasing function of product market imperfections when the elasticity exceeds …
Persistent link: https://www.econbiz.de/10013318848